Of course, many landlords experience a disturbed sleep if they don’t have professional emergency maintenance cover – being woken up by tenants complaining of broken boilers and burst pipes at all hours – but a new survey has revealed the thought of void periods is just as likely to cause a landlord sleep disruptions.
Online letting agent Upad found that 87% of landlords questioned in a survey said managing and mitigating void periods was their biggest concern.
So here’s a double win for letting agents and property managers. Research has found that a letting agent saves a landlords an estimated £1,910 every year* – savings that mainly come from reducing void periods – and property managers offering an out-of-hours emergency maintenance service can offer landlords a good night’s sleep. It’s the dream combination!